Corporates operating in Asia with an SAP Ariba licence can get supply chain financing from Standard Chartered. Integrating SAP Ariba with ERP systems remains tricky, however.
Instead of faster payments, treasurers need faster collections. Axiata’s finance transformation head believes treasurers can save a lot of money for their companies if they can get departments to work together
With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon